Apple's iPad Business Is Poised for More Growth

By Daniel Sparks – May 30, 2013 at 6:00PM

NASDAQ: AAPL

Apple

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$2,623B

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(0.52%) $0.87

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$169.89

Price as of April 25, 2024, 4:00 p.m. ET

Apple's fastest-growing segment still has room to grow.

Investors may have overlooked Apple's (AAPL 0.52%) second-largest business segment: iPads. The segment is still seeing substantial growth rates. Fool contributor Daniel Sparks believes Apple's tablet line will continue to see solid growth going forward. In the video below, he cites two major reasons why.

Fool contributor Daniel Sparks has no position in any stocks mentioned. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.